According to the Zhito Finance APP, on December 13, in the Hong Kong stock market, the northbound net buying amounted to 14.306 billion Hong Kong dollars, of which the SH->HK Connect had a net buying of 9.36 billion Hong Kong dollars, and the SZ->HK Connect had a net buying of 4.946 billion Hong Kong dollars.

The stocks with the highest net buying from northbound are TRACKER FUND OF HONG KONG (02800), Alibaba-W (09988), and Hang Seng H-Share Index ETF (02828). The stocks with the highest net selling are CNOOC (00883) and Semiconductor Manufacturing International Corporation (00981).

Active traded stocks under SH->HK Connect.

Active trading stocks on SZ->HK Connect.

Northbound funds have resumed increasing their positions in Hong Kong stock ETFs, with TRACKER FUND OF HONG KONG (02800) and Hang Seng H-Share Index ETF (02828) receiving net purchases of 3.026 billion and 1.206 billion Hong Kong dollars, respectively. According to news, Guojun International pointed out that important meetings are driving the market into an 'N'-shaped trend, with policy expectation games likely approaching a phase of conclusion, and a new round of expectation games is expected to heat up in March next year. Positive adjustments in macro policies are beneficial for improving Hong Kong stock profit expectations and enhancing market risk appetite. The gradual decline in overseas interest rates remains the main theme, and the pressure on the denominator will continue to ease.

Alibaba-W (09988) and Tencent (00700) received net purchases of 1.71 billion and 0.228 billion Hong Kong dollars, respectively. In the news, China Merchants released an outlook for the Internet Plus-Related Industry in 2025, indicating that the introduction of substantial consumer stimulation policies may still be a key driving factor for the structural improvement in the sector's valuation. Before that, the sector may maintain fluctuations, with shareholder return levels, profit growth, and certainty being key supports for valuation. CITIC SEC stated that the Internet sector's valuation has already reflected current conservative expectations, and strong shareholder returns provide a sufficient safety margin, while the sector's performance is expected to benefit significantly from macro improvements, leading to a double impact on performance and valuation.

China Construction Bank Corporation (00939) received a net purchase of 0.76 billion Hong Kong dollars. According to news, Bank of China International published a report stating that considering the decision-making body may continue to introduce more monetary and fiscal policies, the banking sector's fundamentals will remain stable, and it believes that the H-share bank index may continue to achieve positive returns. The stock pointed out that as risk-free interest rates decline and geopolitical risks increase, investors will pay more attention to low valuation high dividend yield H-share bank stocks. Additionally, the Ministry of Finance stated that it will issue special government bonds to supplement the capital of large commercial banks.

Crystal Technology-P (02228) received a net purchase of 0.591 billion Hong Kong dollars. According to news, on November 22, the South China Greater Bay Area Concept Digital Economy Research Institute (held the 2024 IDEA conference, which concluded in Shenzhen, where Academician Shen Xiangyang introduced a series of cutting-edge research and industrial landing results based on AI technology during the conference, including the official launch of the multimodal large model PatSight, developed in cooperation with Crystal Technology. Furthermore, Crystal Technology recently established comprehensive cooperation with the Gildan Group in the field of AI development.

COSCO Shipping Holdings (01919) received a net purchase of 0.374 billion Hong Kong dollars. According to news, China Merchants pointed out that in terms of freight rates, in the first half of 2025, based on the assumption of expedited shipping and the Red Sea diversion, freight rates still have short-term upward elasticity; however, if the Red Sea is navigated in the third quarter of 2025, it is expected that the freight rate center will fall to a reasonable level. In the medium to long term, the delivery pressure on small and medium-sized vessels is relatively low, and the economic conditions in the Asia region and emerging international markets may be better than that of the main routes.

CNOOC (00883) faced a net sale of 56.13 million Hong Kong dollars. According to news, the International Energy Agency (IEA) released a monthly report stating that despite OPEC+'s decision to delay production increases, the global oil market will still face an oversupply situation next year. Additionally, OPEC lowered its consumption growth forecast for 2024 by 0.21 million barrels per day to 1.6 million barrels per day. Since July, OPEC has revised down its forecast by 27%. Analysts believe that OPEC's forecast still exceeds market expectations and differs from this year's actual consumption data.

In addition, CHINA MOBILE (00941) and SUNAC received net buys of 0.205 billion and 41.27 million HKD respectively. Meanwhile, Semiconductor Manufacturing International Corporation (00981) faced a net sell of 24.05 million HKD.